Could Ferro Corporation (NYSE:FOE) See a Reversal After More Sellers Came In?

Ferro Corporation (NYSE:FOE) Logo

Investors sentiment increased to 0.88 in 2018 Q2. Its up 0.17, from 0.71 in 2018Q1. It improved, as 25 investors sold Ferro Corporation shares while 59 reduced holdings. 21 funds opened positions while 53 raised stakes. 79.66 million shares or 0.12% more from 79.57 million shares in 2018Q1 were reported.
Tiaa Cref Invest Mgmt Limited Liability holds 0% of its portfolio in Ferro Corporation (NYSE:FOE) for 192,833 shares. Etrade Cap Mgmt Lc has 0.03% invested in Ferro Corporation (NYSE:FOE). Alliancebernstein L P reported 111,326 shares. Pnc Financial Services Group accumulated 18,709 shares. Columbia Prns L L C Invest Management accumulated 172,207 shares. Gabelli Funds Limited Liability Co reported 3.55M shares stake. Northpointe Ltd Limited Liability Company has 236,369 shares for 0.65% of their portfolio. Citigroup has invested 0% in Ferro Corporation (NYSE:FOE). 165,660 are owned by Argent Cap Lc. Bnp Paribas Asset Management Sa reported 507,214 shares. Cs Mckee L P holds 0.07% or 39,200 shares in its portfolio. Stifel Financial Corp invested in 13,522 shares. The California-based California Pub Employees Retirement Sys has invested 0.01% in Ferro Corporation (NYSE:FOE). 15,000 are owned by Jefferies Gru Limited Liability. Envestnet Asset Management invested in 11,101 shares.

Since November 15, 2018, it had 0 insider buys, and 2 selling transactions for $249,026 activity. Schlater Benjamin sold 5,426 shares worth $105,959.

The stock of Ferro Corporation (NYSE:FOE) registered an increase of 20.81% in short interest. FOE’s total short interest was 1.92 million shares in December as published by FINRA. Its up 20.81% from 1.59M shares, reported previously. With 311,800 shares average volume, it will take short sellers 6 days to cover their FOE’s short positions. The short interest to Ferro Corporation’s float is 2.31%.

The stock decreased 3.02% or $0.54 during the last trading session, reaching $17.33. About 616,293 shares traded. Ferro Corporation (NYSE:FOE) has risen 11.46% since December 8, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Ferro Corporation produces specialty materials in the United States and internationally. The company has market cap of $1.44 billion. It operates through four business units: Tile Coating Systems; Porcelain Enamel; Performance Colors and Glass; and Pigments, Powders and Oxides. It has a 24.37 P/E ratio. The firm offers frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings.

More notable recent Ferro Corporation (NYSE:FOE) news were published by: Benzinga.com which released: “Earnings Scheduled For November 9, 2018 – Benzinga” on November 09, 2018, also Fool.com with their article: “Why Aurora Cannabis Stock Dropped 16% in November – Motley Fool” published on December 07, 2018, Fool.com published: “Why Cronos Stock Is Up 17% So Far in December — After Jumping 23% in November – Motley Fool” on December 05, 2018. More interesting news about Ferro Corporation (NYSE:FOE) were released by: Seekingalpha.com and their article: “U.S. files charges against HP foe – Seeking Alpha” published on November 30, 2018 as well as Seekingalpha.com‘s news article titled: “Ferro Corporation (FOE) CEO Peter Thomas on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: November 09, 2018.

Ferro Corporation (NYSE:FOE) Institutional Positions Chart

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